We have a number of case studies for you to look at which we hope provide an insight into the areas of financial advice we work on with a number of our clients. This will give you examples of the kind of approach we take, how we work closely with you to understand your circumstances and existing financial arrangements and how we help you determine the best course of action for your needs.
As well as looking at your life stage and the kind of financial advice you might consider, we also provide some insight into our business financial advisory support as well as our work with charitable organisations and professional athletes.
So whether you are looking at consolidating your investments, tax planning or a mortgage for yourself, we should have examples here of how we have helped other clients at McCreas.
Consolidating your Pension Pots
It’s great to see people taking more interest in their retirement planning but as Jonathan Campbell points out it is a subject that needs to be investigated properly and thoroughly before any decisions are made.
Mortgages & Remortgages
We have been able to help a young couple who were unfortunately splitting up reach an amicable settlement with one of them staying in the property. Another client wanted to remortgage their current property to a buy to let, to release a deposit for a new build purchase.
Critical Illness Protection
Most financial planners will have clients who stick in their minds when you talk to them about the things they have done that have made a difference to their lives. Douglas McCrea is no exception. “For me it was a couple of brothers, long-standing clients of ours who have both had heart attacks and have both had payouts on their critical illness policies we set in place for them. One actually had his while he was playing five a side football and decided he had better go in goals for a while because he wasn’t feeling too great.”
A couple were referred to us after we had successfully assisted one of their Mum and Dads. They were looking for their first property purchase. While they had a level of protection in place through one of their employers, Mr was self-employed with no protection. It was at this point we introduced the concept of not only buying the house, but also being able to keep it should the worst happen to either of them. Being parents to a 2 year old also made this vitally important.
Buy to Let Mortgages
One client was referred to us for specialist buy to let advice. They were looking to raise funds to pass to their children to enable them to either buy their first properties. The parents owned 2 rental properties with no lending on either, so there was equity there. However the parent’s income was an issue.
Avoid setting off the tax trap when dipping into pensions
Need to dip into your pension savings? Seek advice first to discover your options and avoid setting off the MPAA trap and over-paying tax! More in this case study here.